Wegmans makes final offer to Teamsters Local 118 employees
Posted at: 09/25/2013 3:51 PM
Wegmans has made what it says is its, "last, best and final offer" to employees in the local Teamsters Local 118 Union. The offer comes in the course of tense contract negotiations between the company and the union.
Wegmans says the final proposal will give full-time employees an immediate $1,000 lump sum payment, along with an 18 percent pay raise over six years. Addressing the biggest issue in the contract negotiations, Wegmans says it will also include a company-based retirement package in place of the union's current retirement fund.
A timeline for the union to make a decision on the offer still hasn't been set.